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VERT.V ·

Vertical Exploration Retains Wsp Canada Inc. to Assist with St-Onge Wollastonite Quarry Permitting Application

Permits & Approvals

Suite 1240- 789 West Pender St.

Vancouver, British Columbia V6C 1H2

VERTICAL EXPLORATION RETAINS WSP CANADA INC. TO

ASSIST WITH ST-ONGE WOLLASTONITE QUARRY PERMITTING APPLICATION

Vancouver, BC / June 18, 2020 / VERTICAL EXPLORATION INC. (TSX-V: VERT) ("Vertical"or "the

Company") is pleased to announce it has retained the services of WSP Canada Inc. (WSP) to assist Vertical with

its quarry permitting application to the Government of Quebec for its St-Onge Wollastonite project located in the

Lac-Saint-Jean region of Quebec.

Vertical’s operations partner, Magnor Exploration Inc., will work with WSP to support the preparation, drafting

and submission of the full quarry permitting request, including an application under Section 22 of the

Environmental Quality Act for a Certificate of Authorization (CA) from the Quebec Ministry of Environment

and Fight against Climate Change (MELCC) as well as a request for a BEX (Bail d’Exploitation Miniere Permit)

from the Quebec Ministry of Energy and Natural Resources (MERN).

WSP Canada Inc. is part of WSP Global Inc., which is one of the world's leading professional services firms

providing engineering and design services to clients in the transportation and infrastructure, property and

buildings, environment, power and energy, resources, and industry sectors, as well as offering strategic advisory

services. WSP Global Inc. has approximately 49,000 employees working in 500 offices across the globe.

Vertical is very pleased to have retained such a prominent professional services firm to support its quarry

permitting application for St-Onge and looks forward to providing further updates on the permitting application

in the near future.

Vertical advises that the production decision on the St-Onge deposit was not based on a feasibility study of

mineral reserves, demonstrating economic and technical viability, and as a result, there may be an increased

uncertainty of achieving any level of recovery of minerals or the cost of such recovery, including increased risks

associated with developing a commercially minable deposit. Historically, such projects have a much higher risk

of economic and technical failure. There is no guarantee that production will occur as anticipated or that

anticipated production costs will be achieved.

ABOUT VERTICAL EXPLORATION

Vertical Exploration’s mission is to identify, acquire, and advance high potential mining prospects located in

North America for the benefit of its stakeholders. The Company’s flagship St-Onge Wollastonite property is

located in the Lac-Saint-Jean area in the Province of Quebec.

ON BEHALF OF THE BOARD

Peter P. Swistak, President/CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995

Toll Free: 1-888-945-4770

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future

events or future performance and reflect management’s current expectations and assumptions. Such forward -looking

statements reflect management’s current beliefs and are based on assumptions made by and informa tion currently available

to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and

are subject to risks and uncertainties that may cause future results to differ materially from those expected. T hese forward-

looking statements are made as of the date hereof and, except as required under applicable securities legislation, the

Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the

forward-looking statements made in this press release are qualified by these cautionary statements and by those made in

our filings with SEDAR in Canada (available at www.sedar.com).